AD Industrial division sales up by 2 percent
Affiliated Distributors (AD), the largest industrial and construction products buying group in North America, reported record sales in 2013 of $28 billion.
AD’s members across all AD divisions grew 4% in 2013. By division, AD Member sales grew as follows: Electrical up 3.5%; Industrial up 2%; Plumbing/PVF up 4%; HVAC up 10%; and Building Materials up 20%.
Member growth with AD’s supplier partners was more than double AD member total purchase growth. Net distributions to AD members grew by 13%.
In 2013, AD members hired 1,618 new employees, opened over 100 new locations and made 37 acquisitions.
"I’m really proud of the growth and performance of our market leading independents and supplier partners,” said Bill Weisberg, AD chairman and CEO. “2013 was the 26th year, out of the last 30, where AD members achieved double-digit growth with AD suppliers. Our team is laser focused on our mission and bullish about 2014.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
